TheStrategyLab.com Price Action Trading Support Forum

Forum for price action traders that want to learn WRB Analysis basic tutorial chapters 1, 2 and 3 prior to purchasing our advance trade methods. Hashtags: #wrbanalysis #wrbzone #wrbhiddengap #priceaction #trading
It is currently Thu Mar 28, 2024 11:42 am

All times are UTC - 5 hours [ DST ]




Post new topic Reply to topic  [ 1 post ] 
Author Message
 Post subject: March 15th Monday 2010 Emini TF ($TF_F) points +6.70
PostPosted: Tue Mar 16, 2010 4:24 pm 
Offline
Site Admin

Joined: Sat Jan 10, 2009 2:06 pm
Posts: 4335
Location: Canada
Image

Trade Journal By M.A. Perry
Trader and Founder of WRB Analysis (wide range body analysis)

Trade journals are crucial in preventing us traders from becoming complacent or content with our trading plan or the markets because without having the ability to review archives of past trading days in a forever changing market...we won't know it's time to adapt when change occurs in the markets because broker statements alone doesn't help us keep that edge in comparison to a trade journal. In addition, although this journal contains advertisements involving my trade methods, it does contain useful trading tips a few times per week. Thus, if you're looking for trading tips that can improve your trading and understand that profitable trading involves more than just entry signals...consistently read this trade journal and the #FuturesTrades chat room logs where I post my trades in real-time from entry to exit (see link below) via my IRC user name wrbtrader that's the same as my user name on twitter.

Today's #FuturesTrades chat room logs is archived @ http://www.thestrategylab.com/ftchat/forum/viewtopic.php?f=72&t=469.

Quote:
Today's results are 5 wins : 0 losses. A picture perfect trading day although I missed a few key trade opportunities via the same usual reasons...family distractions here at home. However, the missed trade I left on the table was via my own fault due to overanalysis.

Trading Tip: You should only increase position size if the market you're trading has the liquidity and if you don't violate your money management rules because doing such via the sole reason that you're consistently profitable is not a strong enough reason to increase your positions size.


FYI - You can ask me questions here at the forum or you can tweet me on twitter about anything related to today's trading or related to your own trading.

Image@ http://twitter.com/wrbtrader

In addition, posted below are direct links about my trade methodology or trading approach that enables me to identify key trading areas in the price action that represent changes in supply/demand and volatility along with being able to exploit these changes via WRB Analysis (wide range body analysis).


http://www.thestrategylab.com/WRBAnalysisTutorials.htm

http://www.thestrategylab.com/TradeStrategies.htm

Also, if you're interested in having free access to one of my profitable trade strategies along with earning extra income with little effort...join my referral program @ http://www.thestrategylab.com/ReferralProgram.htm

My Trading Performance: +6.70 points in the ICE Russell 2000 Emini TF ($TF_F) Futures
Attachment:
031510_wrbtrader_PnLBlotterProfit.png
031510_wrbtrader_PnLBlotterProfit.png [ 32.47 KiB | Viewed 1395 times ]

------------------------------

Mixed Finish For Stocks
By Alexandra Twin, senior writer
March 15, 2010: 5:41 PM ET

NEW YORK (CNNMoney.com) -- Stocks ended mixed Monday, fighting back from big losses, as investors weighed Moody's warning about the United States' AAA rating and a proposed bank regulation bill ahead of Tuesday's Federal Reserve meeting.

The Dow Jones industrial average (INDU) added 17 points, or 0.1%. The S&P 500 index (SPX) ended just above unchanged, eking out a fresh 18-month high. The Nasdaq composite (COMP) slid 5 points, or 0.2% after ending Friday's session at an 18-month high.

Stocks had tumbled through the early afternoon, but managed to trim losses by the close.

Comments by Moody's that the United States and Britain are more likely to see a downgrade than rivals Germany and France initially soured investor sentiment.

However, the ratings agency was quick to note that there is no imminent rating pressure for the United States or the other countries, even amid extensive spending in the aftermath of the global recession.

Moody's raising the warning on U.S. debt was unsurprising and not a cause for alarm, said Matt King, chief investment officer at Bell Investment Advisors.

"The risk of the U.S. defaulting on its debt is nil and there's no cause for immediate concern," he said. "Longer term, it means that we'll see rising rates."

He said that stocks are in a quiet period right now in terms of news flow, making continued market choppiness likely, until the next unemployment report is released and the first-quarter reporting period gets underway.

Stocks may see volatility this week in the aftermath of an advance that propelled the Dow, S&P 500 and Nasdaq higher in four of the last five weeks. The rally left the Nasdaq and S&P 500 at the highest point since September 2008 and the Dow just below those levels.

Since bottoming at a 12-year low on March 9 of last year, the Dow has gained 62% and the S&P 500 has gained 70% as of Monday's close. Since bottoming at a 6-year low on the same day, the Nasdaq has gained 87%.
Check out our new and improved market data

Company news: Google (GOOG, Fortune 500) is reportedly close to shutting down its Chinese search engine, amid strict government monitoring and a recent targeted cyber attack. Shares fell 4% and the weakness dragged on other tech stocks.

Philips-Van Heusen (PFH), the owner of Calvin Klein, will buy fashion brand Tommy Hilfiger from Apax Partners in a cash-and-stock deal worth $3 billion. Shares of Philips-Van Heusen rose 9.8% in Monday trading.

Chordiant Software (CHRD) shares rallied 30% in unusually active trading after the maker of customer service management software agreed to be bought by Pegasystems (PEGA) for $161.5 million in cash. Chordiant shares rallied 31%. Pegasystems shares gained 6.7%.

Boston Scientific (BSX, Fortune 500) said it is halting sales of its heart-shocking defibrillator implants after it neglected to tell regulators about two production changes in the manufacturing of the product. Shares fell 13% in active New York Stock Exchange trading.

Wal-Mart Stores (WMT, Fortune 500) rose 2.8% after Citigroup upgraded it to "buy" from "hold" and raised its price target to $65 from $54, saying the company is getting more competitive in the "modern day price war in food retail in 2010."

AIG: Troubled financial firm AIG (AIG, Fortune 500) said it will withhold $21 million in bonuses that are due to former and current staff of its Financial Products unit, the unit most directly responsible for its almost-collapse 18 months ago. AIG will pay out $46 million to other employees of that unit.

Financial reform: Roughly 18 months after the collapse of Lehman Brothers, Senate Banking chief Christopher Dodd, D-Conn., released a draft bill of broad regulatory changes aimed at preventing another financial crisis.

The bill calls for a new consumer protection bureau within the Federal Reserve that would regulate all lending transactions. It would also set up a new process to put struggling firms under government control and break up large companies if they pose a major threat to the stability of the system.

The bill does not go as far as what President Obama has proposed, nor does it go as far as similar legislation already passed in the House. Still, getting it passed will be an uphill battle in the Senate.
0:00 /1:06The most powerful market data on the web

Economy: Industrial production and capacity utilization, which measure factory output, both rose more than expected last month, according to a Federal Reserve report released Monday.

Industrial production rose 0.1% in February, after rising 0.9% in January. Economists surveyed by Briefing.com thought industrial production would be unchanged, according to a consensus of economists surveyed by Briefing.com.

Capacity utilization rose to 72.7% from 72.5% in January, versus forecasts for an unchanged reading.

The Empire manufacturing survey, a regional reading on manufacturing, fell to 22.86 in March from 24.91 in February, a little stronger than the 22 level expected by economists.

Fed meeting looms: On Tuesday, the focus turns to the Federal Reserve, meeting to discuss interest rates. The central bank is widely expected to hold the fed funds rate, a key overnight banking rate, steady at historic lows near zero. However, what the bankers say in the statement about the economic outlook and the future of Fed policy will be critical.
Is the Fed blowing bubbles?

The dollar and commodities: The dollar gained versus the euro and fell versus the yen.

U.S. light crude oil for April delivery fell $1.44 to settle at $79.80 a barrel on the New York Mercantile Exchange.

COMEX gold for April delivery rose $3.70 to settle at $1,1105.40 per ounce.

Bonds: Treasury prices rose, lowering the yield on the 10-year note to 3.7% from 3.71% late Friday. Treasury prices and yields move in opposite directions.

World markets: In overseas trading, European markets fell. The London FTSE lost 0.6%, the French CAC 40 fell 0.9% and the German DAX lost 0.7%. Asian markets were mixed, with Japan's Nikkei little changed and the Hong Kong Hang Seng lower.

Market breadth was negative. On the New York Stock Exchange, losers beat winners four to three on volume of 930 million shares. On the Nasdaq, decliners beat advancers by five to four on volume of 1.91 billion shares.

Image

Yahoo! Finance

4:30 pm : There were plenty of headlines today, but participants were focused on the upcoming FOMC policy statement. Uncertainty ahead of the directive left stocks to trade listlessly for most of the session, but a late rally helped stocks finish near session highs.

Though it closed near its best level, the stock market finished flat for the session as the S&P 500 got hung up on the 1150 line in the final few minutes of trade. The line, which marks a 52-week closing high for the S&P 500, also acted as a source of resistance in the early going.

A stronger dollar had hampered stocks for the better part of the session, too. However, the greenback's 0.5% gain did little to dissuade participants from offering support in the final few minutes of trade.

The stock market's late move came amid a spike in share volume, but trading volume for the session as a whole was weak. The lack of overall participation precedes the latest policy statement from the Federal Open Market Committee (FOMC), which will issue its directive prior to tomorrow's opening bell. Most participants thought it prudent to remain on the sidelines for fear of being out of position when the FOMC offers its latest assessment of economic conditions and its outlook for monetary policy.

On a similar note, Japan reportedly upgraded its assessment of its economy for the first time in eight months, but the upgrade had been expected. Meanwhile, concerns persist that China may have to tighten monetary policy in order to cool conditions.

The latest U.S. data did little to stir action ahead of tomorrow's FOMC policy statement. Industrial production for February increased 0.1%, which is slightly better than the the flat reading that had been expected, while at 72.7% capacity utilization for the month was in-line with expectations. The Empire Manufacturing Index for March hit 22.9, which is a bit better than the 22.0 that was widely forecast, but not quite as strong as the 24.9 that had been posted for February.

Senator Dodd gave bank stocks a bit of a spook with his proposal for financial reform this afternoon. Dodd dashed hopes for a diluted reform proposal with his call for stringent policies to limit risk imposed on the financial system by major institutions. Bank stocks bounced back, though; the KBW Bank Index finished with a modest 0.2% gain. That was enough to trim the broader financial sector's loss to just 0.1% after it had been down more than 1%.

Health care stocks also made a strong move into the close. The sector finished with a 0.5% gain, though Boston Scientific (BSX 6.80, -0.98) continued to lag. The company confirmed reports that it stopped shipment of certain products amid a pending FDA documentation review linked to paperwork error for manufacturing processes.

The best gains came from the consumer staples sector. It finished 0.8% higher. It was helped by PepsiCo (PEP 66.15, +1.05), which hiked its dividend and issued a share repurchase plan, and Wal-Mart (WMT 55.42, +1.52), which was upgraded by analysts at Citigroup.

Advancing Sectors: Consumer Staples (+0.8%), Telecom (+0.5%), Health Care (+0.5%), Utilities (+0.5%), Industrials (+0.2%), Consumer Discretionary (+0.1%)
Declining Sectors: Energy (-1.0%), Tech (-0.3%), Materials (-0.3%), Financials (-0.1%) DJ30 +17.46 NASDAQ -5.45 NQ100 -0.2% R2K -0.3% SP400 -0.2% SP500 +0.52 NASDAQ Adv/Vol/Dec 1103/1.91 bln/1560 NYSE Adv/Vol/Dec 1263/926 mln/1733

3:30 pm : The US Dollar Index remained strong and stayed just under highs for the rest of today's session, which provided weakness to select commodities.

After hitting session lows of $79.13 per barrel, April crude oil traded only slightly above that level for the rest of today's session as the dollar index remained strong. By the end of pit trading, the energy component finished 1.8% lower at $79.76 per barrel.

April natural gas pulled off of afternoon highs of $4.45 per MMBtu and fell into negative territory. By the end of today's session, it closed modestly lower at $4.395, down $0.08.

April gold continued its small rally that began around 12:00ET and finished the day 0.3% higher at $1105.60 per ounce. May silver closed modestly higher, after rallying with gold in early afternoon trade DJ30 +1.51 NASDAQ -8.69 SP500 -1.44 NASDAQ Adv/Vol/Dec 1028/1582.6 mln/1633 NYSE Adv/Vol/Dec 1114/651.3 mln/1885

3:00 pm : The stock market recently reclaimed a small chunk of its losses, thanks to a run up in financials (-0.5%), health care (+0.2), and materials (-0.6%). Meanwhile, consumer staples stocks have extended their gains to a fresh session high, such that the sector now sports a 0.7% gain. DJ30 -14.28 NASDAQ -13.58 SP500 -3.57 NASDAQ Adv/Vol/Dec 904/1.44 bln/1750 NYSE Adv/Vol/Dec 1021/592 mln/1979

2:30 pm : Stocks recently dipped a bit as Senator Dodd offered a summary of his proposal for financial reform. The proposal called for stringent policies to limit risk imposed on the financial system by major institutions.

Dodd's proposal extended the financial sector's slide to a loss of roughly 1.0%, but the sector has since recovered a bit. It now trades with a 0.8% loss. DJ30 -32.42 NASDAQ -18.19 SP500 -5.72 NASDAQ Adv/Vol/Dec 871/1.32 bln/1777 NYSE Adv/Vol/Dec 935/534 mln/2055

2:00 pm : Large-cap tech has dragged down the Nasdaq Composite so that the index trails its counterparts, especially the Dow, which is down a minor 0.2%.

Declining issues have a slight edge over advancers in the Dow, but shares of Wal-Mart (WMT 55.41, +1.51) are providing considerable support after the stock was upgraded by analysts at Citigroup. Shares of WMT actually set fresh 52-week highs earlier this session. DJ30 -24.18 NASDAQ -16.70 SP500 -4.92 NASDAQ Adv/Vol/Dec 891/1.23 bln/1742 NYSE Adv/Vol/Dec 967/494 mln/1999

1:30 pm : Stocks continue to slowly grind their way up from session lows. However, broad-based losses persist as declining issues outnumber advancers by 3-to-1 in the S&P 500.

Amid the broad losses, volatility has spiked. In turn, the Volatility Index, often dubbed a fear gauge, is up 5.0%. DJ30 -23.43 NASDAQ -17.00 SP500 -5.30 NASDAQ Adv/Vol/Dec 873/1.16 bln/1744 NYSE Adv/Vol/Dec 956/460 mln/2012

1:00 pm : Stocks failed to sustain an early upturn as resistance at the stock market's 52-week closing high caused a broad market pullback and the greenback continues to gain ground against competing currencies.

The mood was subdued ahead of the opening bell as lackluster action overseas was accompanied by more stories about a potential financial aid plan for Greece, but details continue elude reporters. Meanwhile, Japan reportedly upgraded its assessment of its economy for the first time in eight months, but that had been widely expected, and concerns about an overheating economy in China have fed persistent concerns about tighter monetary policy in the country.

U.S. participants get the Fed's latest take on the economy and monetary policy tomorrow morning with an announcement from the Federal Open Market Committee. Anticipation and speculation over the verbiage of the FOMC's directive could keep many market participants on the sideline.

According to the latest dose of U.S. data, industrial production for February increased 0.1%, which is slightly above the flat reading that had been expected. Capacity utilization for the month hit 72.7%, which is essentially on par with what was widely anticipated.

The Empire Manufacturing Index for March hit 22.9, which is better than the 22.0 that was widely forecast, but not quite as strong as the 24.9 that had been posted for February.

The data didn't do anything to lift the mood of equity market participants, who have grappled with a stronger greenback this entire session. The dollar is currently up 0.6% against a basket of foreign currencies.

Though stocks have managed to make their way up from session lows, the broad-based S&P 500 continues face resistance at the 1150 line, which marks the stock market's 52-week closing high. The line was tested earlier this morning, but stocks rolled over when they failed to penetrate the point. DJ30 -26.83 NASDAQ -18.07 SP500 -6.06 NASDAQ Adv/Vol/Dec 841/1.07 bln/1757 NYSE Adv/Vol/Dec 922/430 mln/2044

12:30 pm : Health care stocks have held up relatively well against this session's pressure. The sector is currently down just 0.2%.

However, Boston Scientific (BSX 6.50, -1.28) has been a primary source of weakness in the group. The company confirmed reports that it stopped shipment of all its implantable cardioverter defibrillators and cardiac resynchronization therapy defibrillators and is also retrieving field inventory of those items. The decision comes amid a pending FDA documentation review linked to paperwork error for manufacturing processes.

The negative news from Boston Scientific has benefited St. Jude Medical (STJ 40.01, +2.51) and Medtronic (MDT 45.83, +1.89). DJ30 -34.31 NASDAQ -19.07 SP500 -7.01 NASDAQ Adv/Vol/Dec 809/960 mln/1768 NYSE Adv/Vol/Dec 869/395 mln/2077

12:00 pm : Pressure has picked up against financials and tech stocks; both sectors are down 0.9%. However, consumer staples (+0.5%) and telecom (+0.3%) stocks continue to sport gains.

Corporate news flow remains slow, though Illinois Tool Works (ITW 45.59, -1.06) stated this morning in an update that the company currently expects its first quarter earnings to range from $0.52 to $0.60 per share, which brackets the consensus forecast for $0.57 per share. The company also stated that it expects full-year earnings to range from $2.43 to $2.93 per share, which brackets Wall Street's call for $2.78 per share for 2010. DJ30 -41.03 NASDAQ -20.77 SP500 -7.62 NASDAQ Adv/Vol/Dec 774/850 mln/1793 NYSE Adv/Vol/Dec 806/350 mln/2108

11:30 am : Energy stocks continue to drop. The sector is now down 1.7% with all 40 sector components in the red. Oil and gas drillers (-2.9%) and oil and gas explorers (-2.8%) are especially weak.

Oil prices have fallen to a fresh session low. The commodity is now down 2.2% to $79.45 per barrel. That also marks a two-week low.

Meanwhile, mounting pressure in the broader market has taken the S&P 500 below near-term support at 1145. DJ30 -46.63 NASDAQ -18.92 SP500 -7.54 NASDAQ Adv/Vol/Dec 790/719 mln/1774 NYSE Adv/Vol/Dec 824/304 mln/2056

11:00 am : Stocks continue to chop along in listless trade. The S&P 500 has been stuck in a five-point range between 1150, which is a near-term resistance line, and 1145, which is a near-term support line.

The broader market is without leadership from its two largest sectors by market weight, tech (-0.6%) and financials (-0.2%). Instead, defensive-oriented sectors like consumer staples (+0.6%), telecom (+0.3%), and utilities (+0.2%) are sporting gains.

Meanwhile, the greenback has gained further ground against competing currencies, such that the Dollar Index is now up 0.5%. DJ30 -11.79 NASDAQ -11.33 SP500 -3.35 NASDAQ Adv/Vol/Dec 879/565 mln/1598 NYSE Adv/Vol/Dec 1066/245 mln/1765

10:35 am : The US Dollar Index hit fresh highs in recent activity, but precious metals continue to gain. Energy markets remain weak.

April crude oil spent the vast majority of the session in the red. Crude hit fresh session lows of $79.54 per barrel in recent activity as the dollar index hits another new session high. Currently, the energy component is 1.7% lower at $79.83 per barrel.

April natural gas hit lows of $4.334 about two hours ago after trading in the red overnight. Natural gas rallied off those highs to $4.399, but remained in negative territory and is currently near the unchanged line at $4.403 per MMBtu.

Precious metals continue to hold their strength despite strength in the US Dollar Index. In recent action, April gold hit new session highs of $1108.70 per ounce and is trading at $1105.10 per ounce currently, up 0.3%. May silver moved back into positive territory about an hour ago and has been chopping around the unchanged line for most of the session. Silver is currently 0.2% higher at $17.095 per ounce. DJ30 -5.06 NASDAQ -7.20 SP500 -2.39 NASDAQ Adv/Vol/Dec 885/430.7 mln/1546 NYSE Adv/Vol/Dec 1013/195.2 mln/1776

10:00 am : Stocks recently made a strong, upward move, but stiff resistance at the 1150 line quickly sent the S&P 500 on the backslide. The 1150 line marks the stock market's 52-week closing high.

The market's downturn has been broad based, but consumer staples stocks (+0.5%) and industrials (+0.1%) are still in positive territory, while every other major sector trades with a loss. DJ30 -11.94 NASDAQ -6.54 SP500 -2.33 NASDAQ Adv/Vol/Dec 894/227 mln/1435 NYSE Adv/Vol/Dec 928/126 mln/1764

09:45 am : The broader market is down modestly, but consumer staples stocks are up a solid 0.4% amid strength in shares of PepsiCo (PEP 65.95, +0.85), which announced that it plans to increase its annual dividend by 7% to $1.92 per share from $1.80 per share. The company also plans to return cash to shareholders through a $15 billion share repurchase plan through mid-2013.

Energy is presently at the other end of the spectrum. The sector is down 0.8% as oil prices are pushed 1.2% lower to $80.30 per barrel. DJ30 -8.69 NASDAQ -6.54 SP500 -2.91 NASDAQ Adv/Vol/Dec 847/128 mln/1403 NYSE Adv/Vol/Dec 845/84 mln/1773

09:15 am : S&P futures vs fair value: -6.40. Nasdaq futures vs fair value: -5.50. Stock futures are still bogged down with modest weakness. The pressure comes amid a stronger dollar and lackluster action overseas, where headlines continue report without detail about a potential financial aid plan for Greece and concerns persist for tighter monetary policy in China. To the latter point, the FOMC is scheduled to make its latest monetary policy decision tomorrow so participants could show some reservation ahead of the announcement. In terms of the latest economic data, industrial production figures for February were just released. They showed an increase of 0.1%, which is slightly stronger than the flat reading that had been expected. Capacity utilization for the month hit 72.7%, which is essentially on par with the 72.5% rate that was widely anticipated.

09:00 am : S&P futures vs fair value: -6.00. Nasdaq futures vs fair value: -5.00. U.S. stock futures remain under moderate pressure. Meanwhile, Europe's major bourses are essentially flat as Germany's DAX trades along the neutral line. Advancing issues, led by Siemens (SI), have only a slight edge over declinging issues, of which Deutsche Telekom is a primary laggard. Advancers and decliners are currently in perfect balance in France's CAC, which is down 0.1%. Sanofi-Aventis (SNY) is a primary leader, but Societe Generale is a chief laggard. Meanwhile, Britain's FTSE is down 0.1%. Oil plays are strong as BP PLC (BP) and Royal Dutch Shell (RDS.A) trade higher, but mining issues Rio Tinto (RTP), Xstrata, BHP Billiton (BHP), and Anglo American are weak. Headlines continue to come out of Europe regarding a potential bailout for Greece. According to Dow Jones, recent media reports suggest that the EU's 27 finance ministers could sign off on a bailout plan worth 20 billion euros to 25 billion euros at a meeting on Tuesday, but details of the aid package remain unclear. In Asia, the MSCI Asia Pacific Index slipped 0.4%, while Japan's Nikkei closed unchanged. Some exporters were helped by a weaker yen, but profit-taking among other names acted as a counterbalance. JVC Kenwood Holdings slumped after restating earnings from past years. It now estimates an operating loss of 9.0 billion yen for its current fiscal year. Still, Canon (CAJ), Konica Minolta, and Toyota Motor (CAJ) were able to make gains. As had been expected, Japan recently upgraded its assessment of its economy for the first time in eight months, according to reports. In Hong Kong, the Hang Seng slipped 0.6%. China Shenhua Energy retreated after reporting a quarterly profit that was below expectations. China Merchants Bank slid, despite strong interest in its rights issue. China Taiping Insurance fell after it entered into an agreement to sell Ming An Insurance. In mainland China, the Shanghai Composite closed 1.2% lower. Concerns that the country's central bank will tighten monetary policy persist.

08:30 am : S&P futures vs fair value: -6.00. Nasdaq futures vs fair value: -4.00. The Empire Manufacturing Report for March came in with a reading of 22.9, which is better than the 22.0 that was widely forecast, but not quite as strong as the 24.9 that had been posted for February. Stock futures have shown virtually no reaction to the numbers. Still to come, though, are the latest industrial production and capacity utilization data at 9:15 AM ET.

08:00 am : S&P futures vs fair value: -7.00. Nasdaq futures vs fair value: -4.00. Stock futures are lower in early trading, with a stronger dollar and modest losses in most major overseas markets weighing on U.S. stocks and commodities. In stock-specific news, Google (GOOG) is trading roughly 2% lower in premarket action amid reports that it may be close to shutting down its Chinese search engine. Chinese Internet company Baidu.com (BIDU) is seen as a beneficiary of this news and its shares are trading up 3.5% ahead of the opening bell. There are a couple of economic reports coming up with the release of an Empire Manufacturing report at 8:30 ET, followed by Industrial Production and Capacity Utilization data at 9:15 ET.

06:19 am : S&P futures vs fair value: -7.70. Nasdaq futures vs fair value: -6.00.

06:19 am : Nikkei...10751.9...+0.70...+0.00%. Hang Seng...21079.1...-130.60...-0.60%.

06:19 am : FTSE...5611...-15.40...-0.30%. DAX...5936.3...-8.90...-0.10%.

Special thanks to Yahoo! Finance and CNNMoney for their market summaries. gm

Best Regards,
M.A. Perry
Trader and Founder of WRB Analysis (wide range body analysis)
Image@ http://twitter.com/wrbtrader

Phone: +1 708 572-4885
Business Hours: 8am - 5pm est (Mon - Fri)
Skype Messenger: kebec2002
questions@thestrategylab.com
Go Back To TheStrategyLab.com Homepage


Top
 Profile  
 
Display posts from previous:  Sort by  
Post new topic Reply to topic  [ 1 post ] 

All times are UTC - 5 hours [ DST ]


Who is online

Users browsing this forum: No registered users and 1 guest


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot post attachments in this forum

Search for:
Jump to:  
cron
Powered by phpBB © 2000, 2002, 2005, 2007 phpBB Group
Translated by Xaphos © 2007, 2008, 2009 phpBB.fr